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Ponzinomics

By: Robert L. FitzPatrick
Narrated by: Robert L. FitzPatrick
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Publisher's Summary

Ponzinomics by Robert L. FitzPatrick, author of False Profits, is the first comprehensive account of how "multi-level marketing" was created in America, escaped criminal and civil prosecution, and spread all over the world. It is the first book to fully explain how the legitimate business of "direct selling" was turned into pyramid recruiting. 

Ponzinomics dissects the elements that distinguish multi-level marketing from legitimate sales, and reveals how a business could become a delusional belief. Ponzinomics reveals how multi-level marketing helped to lay a foundation on Main Street of pervasive deception, financial self-destruction, authoritarian leader-worship, and economic make-believe. Ponzinomics is a discomforting look at the threads of American culture, business, and politics that were woven into what has become the largest scam on Main Street.
©2020 Robert L. FitzPatrick (P)2021 Robert L. FitzPatrick
Con Artists, Hoaxes & Deceptions Consumer Behaviour & Market Research Marketing
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  • Jo
  • 07-11-2022

Whooooaaaaa... Must Read.

This is a must listen for anyone who is in MLM, network marketing, direct selling or any other guise where you have to recruit others to make larger sums of money.

What I have learnt however is that if you are not ready to 'see the light' then you will keep you eyes tightly closed when someone flicks the switch.

TIME TO OPEN YOUR EYES.

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